Seeking Alpha

Enterprise Products Partners (EPD +0.4%) is partnering with Anadarko Petroleum (APC +1.6%) and...

Enterprise Products Partners (EPD +0.4%) is partnering with Anadarko Petroleum (APC +1.6%) and natural gas processor DCP Midstream (DPM +0.6%) to develop a new natural gas liquids pipeline that will stretch from Colorado to Texas. The 435-mile project, originating in Colorado's Denver-Julesburg Basin and stretching into northern Texas, will be called the Front Range pipeline. Initial capacity is expected to total roughly 150K bpd.
Comments (7)
  • So would it be wise to take the 2,000 and invest in any of these companies? I am asking all of you smart money people! I am poor so don't screw me please! lol Took me a few years to save this for investing!
    Don't know if I have to disclose this or not but I own shares in WMT but don't plan to sale any for the next few weeks!
    12 Apr 2012, 10:30 AM Reply Like
  • This is a good place for ideas and data, but be careful about taking advice.
    13 Apr 2012, 09:29 AM Reply Like
  • Thanks and yes... I will be! I am always careful with my money and I never jump into anything blindly. I have worked very hard both in saving and for what I make just to throw it anywhere but I would love some feedback! I would just like to see it grow!
    14 Apr 2012, 09:18 AM Reply Like
  • I have been contentedly invested in EPD for the past 4 years. and will continue. I am retired, wanting good income with some growth. I am also in ETP for income and more growth. Had KMP for a long time, now seems iffy to me.
    15 Apr 2012, 08:24 AM Reply Like
  • Unless you have three to four months worth of living expenses in the bank now, don't even think of investing your $2000. With rising food and gas prices, your 2K will disappear very quickly.
    12 Apr 2012, 12:31 PM Reply Like
  • panjok2
    I would invest in KMP it's proven I bought in 09 at 57.44 look at what it is to day my next purchase will B [EPD] or[UAN] look at the interest you get on them verses a bank or cd
    15 Apr 2012, 06:30 AM Reply Like
  • I started working on TEXAS EASTERN PIPELINE which is now SPECTRA ENERGY in 1962 & retired in 1997 started in maintance, then as welder helper, made B welder in 1966 made welder at WatkinsGlenn N.Y. I worked on the pipeline from Texas to New York City.In 1969 I started working in the compressor station @ Lebanon Ohio till retirement. My best CEO was Paul Anderson when he went to BHP as CEO I knew he would do them good,I bought BHP stock right away at 15.30 I thing to day it is in the 80's I liked Paul's saying if you are not the lead dog the seen never changes,I like energy stocks.
    15 Apr 2012, 06:31 AM Reply Like
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